but back in 1993, i remember this very clearly, every single republican economist said bill clinton's tax increase was going to cause a massive recession to every single one. just like every single republican pollster said that romney was going to win. they were 100% wrong, and we had a broom instead. so they have zero credibility. they are wrong about everything and they lie about everything. >> do you feel better? >> yes. [laughter] >> jamie, did you of anything else? okay. stephanie, you indicated that you have a formal think you would like to discuss, or you have some opening remarks and we will give you even though we are already open, so would you, please. you can get appear if you like, absolutely. >> i have a slight chill. -- slideshow. i thought everyone would have one. so, i guess when i started thinking about fiscal cliff and what the options are, i came up with essentially three. one is to do nothing. and hit the cliff and let the cuts go into place and tax increases going to place, what we've been talking about here. the other is to act with a sense of urgency, to avoid t